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Purchasing and Shared Services

Purchasing or shared services cooperatives are cooperatives whose members are other businesses or public entities which join together to increase the performance and competitiveness of their organizations. Members of these cooperatives have found that, by pooling their purchasing power to acquire goods and services, they can lower their operating costs. Like all cooperatives, the purchasing or shared service cooperative exists to meet its members' needs, and almost any service can be provided by these cooperatives for their members.